Trading Halt

It is annoying. Especially when so little detail is released.

Why is VOR in a trading halt? It is because of a 'significant transaction'. Why a halt if it is insignificant. And everything in ASX is a 'transaction'. So why can't the company be a little more specific?

If it is placement, then it is bad news. I don't wish for a take over because I am a long term investor in good companies. I wasn't happy about AND being taken over by a Canadian company. But the board recommends selling to the bidder so I didn't have a choice. I sold it off on the open market.